Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Mitchell Park › Waterman Tce
$707,000
Last sold
11 Sept 2025
2
Bedrooms
2
Bathrooms
2
Car spaces
155 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$707,000
11 Sept 2025 · derived via latest_sale
Local land rate: recorded Townhouse sales in Mitchell Park (last 5 years) with land size have a median of $3,333/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Mitchell Park
-27.1%
Median sale
Suburb $970,000
+1.14 pp
Gross yield
Suburb 3.07%
Suburb median $970,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mitchell Park at a glance
6,451
People
$970,000
Median sale
$573/wk
Median rent
3.07%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noakes NickolasBest Offers by 22/9 at 1pm - Unless Sold Prior.
Positioned in a quiet yet well-connected pocket of Mitchell Park, this double-storey home combines space, functionality, and low-maintenance living - perfect for first-home buyers, investors, or anyone seeking a modern lifestyle with minimal upkeep.
Step inside to discover a light-filled open-plan living and dining area, enhanced by timeless timber floating floors and designed for effortless everyday living. The contemporary kitchen is both stylish and practical, featuring a gas cooktop, rangehood, water filter tap, and ample storage.
Upstairs, two generous bedrooms provide comfort and convenience, with the main boasting a spacious built-in robe. The bright, well-appointed bathroom offers a shower, vanity, and toilet, while ducted reverse-cycle air conditioning ensures year-round comfort throughout the home.
Outdoors, a private paved courtyard creates the ideal space to relax or entertain, complemented by a handy garden shed for extra storage. A secure carport with roller door provides off-street parking, with room for a second vehicle in the driveway.
Set within a rapidly evolving suburb, this location delivers lifestyle and convenience in equal measure. Flinders University and Medical Centre are just minutes away, with Westfield Marion, Castle Plaza, and a variety of local cafés and shops all close at hand. Excellent public transport links, along with nearby beaches, parks, and quality schools, complete the appeal of this well-connected address.
Features
• Dual storey
• Open-plan living & dining
• Built-in robe to main bedroom
• Linen closet storage
• Private courtyard & entertaining area
• Alternate laundry & second bathroom
• Ducted R/C air conditioning
• RWT
• Single carport with remote control roller door
• Additional off-street parking
Lifestyle
• Footsteps from Marion & Ascot Park Train Station
• Close proximity to Westfield Marion Shopping Centre, Flinders University & Medical Centre
• Zoned for popular Hamilton Secondary College
• Nearby schools include Marion Primary, Westminster & Sacred Heart College
• Less than 20-minutes to the CBD
Rates
• Council Rates $1295.99PA
• SA Water $176.30PQ
• ESL $122.75PA
• Community Rates $469PQ
• City of Marion
• Community Title
• Built 2009
• Rental Appraisal $550 - $600PW
Disclaimer at noakesnickolas.com.au/privacy-policy/ | RLA 315571
Listing description written by Mason Lucks, Noakes Nickolas — reproduced as published, not verified by Districts.